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the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i think president obama is proposing the concept of a fallback option, which would at least deliver some of the extension of the tax cuts and also unemployment benefits, which is very important. if the unemployment benefits cease after the first of january, that has an immediate impact on expenditure in the u.s. on about 2 million unemployed people. i think he is going to try to put together a skeleton deal to at least bridge the gap while negotiations continue. u.s. secretary of state -- >> u.s. secretary of state hillary clinton has been taken to hospital. she suffered a concussion earlier this month. she is being treated with blood thinning medication and she
the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i think president obama is proposing the concept of a fallback option, which would at...
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Jan 1, 2013
01/13
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one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is because they're in packs. too often up until now many companies have tonight there are any impacts. the communities see their water contaminated not necessarily buy tractors but by spills on the surface. the cement casings i. they see their what you're getting contaminated. -- they see their what you're getting contaminated. i visited in pennsylvania 30 minutes out of pittsburgh as part of president obama appointed seven of us to chart a safe path forward. i had a woman who said she was forced to abandon her family farm because of the noxious emissions from the neighboring wells. her son in order to continue
one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is...
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well this u.s. mainstream media has devoted hundreds of hours to cover a covering this excruciating fiscal cliff process just a few hours ago many sources said a deal would in fact be reached now as we see that is not the case this isn't the only one eighty though that media outlets have been forced to make there are several examples even just in this year in two thousand and twelve and the pointer institute a school dedicated to teaching media leaders and to promoting excellence in journalism every year they put together a list of the biggest media fails last year's list included numerous flubs by media mistaking the name osama for obama when announcing the death of osama bin laden this year the number one media error had to do with a certain supreme court ruling on the affordable care act otherwise known as obamacare if you've forgotten let me refresh your memory the individual mandate has been ruled unconstitutional justices have just got it was the centerpiece provisions of the obama health care
well this u.s. mainstream media has devoted hundreds of hours to cover a covering this excruciating fiscal cliff process just a few hours ago many sources said a deal would in fact be reached now as we see that is not the case this isn't the only one eighty though that media outlets have been forced to make there are several examples even just in this year in two thousand and twelve and the pointer institute a school dedicated to teaching media leaders and to promoting excellence in journalism...
WHUT (Howard University Television)
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Dec 31, 2012
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um, the u.s. always says that this not about any one country, but if i'm a chinese military leader i would take it to mean china specifically and they do. >> china has a very concerted blue water policy. they believe that they need to dominate the seas. they are, uh, they are extraordinarily worrying to india on the one side, to our other asian allies, and we have understood the imperative of resourcing a push-back in the pacific. the problem is we haven't understood that we need to spend to do it and we haven't figured out how to spend to do it. >> when i talk to chinese defense analysts and scholars when i visit china they don't talk about these legacy systems. they are happy to let us patrol the sea lanes and do all the traditional great power things that require these big, extremely expensive systems. they want to jump over the world of aircraft carriers and manned bombers to a new era in which the wars will be fought in, in space, with blinding our sensors that are in space, and in cyberspace
um, the u.s. always says that this not about any one country, but if i'm a chinese military leader i would take it to mean china specifically and they do. >> china has a very concerted blue water policy. they believe that they need to dominate the seas. they are, uh, they are extraordinarily worrying to india on the one side, to our other asian allies, and we have understood the imperative of resourcing a push-back in the pacific. the problem is we haven't understood that we need to spend...
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Dec 31, 2012
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the u.s. is set to reach the debt limit on monday. that, according to treasury secretary tim geithner in a letter to congress, though, he did say he expects to take what he called extraordinary measures to extend the government's borrowing ability for another two months or so. and even your cup of coffee wants a deal on the fiscal cliff. baristas at the 120 starbucks in washington, d.c. were encouraged by management to add a shot of bipartisanship to their drink orders and remind customers in our nation's capital to come together. >> wall street is typically quieter this time of year. of course, this last week of 2012 was marked by investor concerns over congress' new year's eve plans and that looming fiscal cliff. so what impact does it have on your money? alison deans is with us, senior adviser at varick asset management. nice to see you. happy new year. do you have two plans for 2012, one that includes the fiscal cliff and one that doesn't? how do you prepare for the new year as an investor
the u.s. is set to reach the debt limit on monday. that, according to treasury secretary tim geithner in a letter to congress, though, he did say he expects to take what he called extraordinary measures to extend the government's borrowing ability for another two months or so. and even your cup of coffee wants a deal on the fiscal cliff. baristas at the 120 starbucks in washington, d.c. were encouraged by management to add a shot of bipartisanship to their drink orders and remind customers in...
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Dec 31, 2012
12/12
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that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how e major averagesr closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington still has a few hours to go before its new year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice presidt, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for individuals making more than $400,000 and couples with mo
that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how e major averagesr closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington still has...
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we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue was still be -- guard against not being optimistic enough. we think in 20131 must guard against being too optimistic. gerri: oh boy. to you. has there been a little complacency in the market? will we have seen is the market's trading down on fiscal cliff talk that has been moving on that. you're bullish. where do you think the stocks will be rising on? we will be the news that will compel the stocks higher. >> love it is really the healing of the global economy. now that you are starting out of china and india stabil
we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue...
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the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that deadline is now so they came up with this scary word cliff to create lots of drama around which would be the ordinary maybe somewhat boring working process of any congress or parliament that is to agree on a budget the need to deadlines so the cliff which actually describes the mode in which the congress is working their inability to make decisions until the very very last minute the cliff that u.s. lawmakers have artificially created could become very real for the american people the vast majority of them over one thousand government programs would be cut it would hit the unemployed very hard they would stop getting unemployment benefits there would be other automatic cuts and tax hikes that would mostly affect those who are fi
the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that deadline is now so they came up with this scary word cliff to create lots of drama around which would be the ordinary maybe somewhat boring working process of any congress or parliament that is to agree on a budget the need to...
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Dec 31, 2012
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u.s. forces deported the plane this year. ospreys can fly twice as fast as the helicopter and four times as far before they need to refuel and they can transport three times the weight. the deployment of the osprey sparked protest in okinawa and elsewhere because of concerns about its safety record. ministry sources say they will consider public opinion and the cost of introducing the planes. japanese peacekeepers in the golan heights have begun to return home as their 16-yir-long mission nears its end. the first group of 33 members of the self-defense forces arrived at narita airport in tokyo on monday. government officials decided earlier this month to recall the peacekeepers earlier than planned. securing their safety had become difficult because of the civil war in syria. defense ministry officials say the remaining 14 members will wrap up their mission by mid-january. >>> japan first sent sdf personnel to the golan heights in 1996 as part of a united nations mission to monitor the cease-fire between syria and israel. mem
u.s. forces deported the plane this year. ospreys can fly twice as fast as the helicopter and four times as far before they need to refuel and they can transport three times the weight. the deployment of the osprey sparked protest in okinawa and elsewhere because of concerns about its safety record. ministry sources say they will consider public opinion and the cost of introducing the planes. japanese peacekeepers in the golan heights have begun to return home as their 16-yir-long mission nears...
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Dec 31, 2012
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desk and get up and go to the post office anymore. [ male announcer ] witstamps.com you can print real u.s. postage for all youretters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail manicks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> google. intel. e-bay. yahoo, think of the wealth they created. 100,000 millionaires. and south africa computer program has it easier than when the indians want to come in but they have to wait six years. so, what if america did not let google or yahoo founders in? we would have lost a lot. so, since american politicians are not taking steps to cnge the rules to allow more entrepreneurs to come here to work dario and max, my guests, have set out to build a ship and keep it off the coast of california outside the reach of immigration controls and foreign entrepreneurs could work
desk and get up and go to the post office anymore. [ male announcer ] witstamps.com you can print real u.s. postage for all youretters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail manicks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to...
WHUT (Howard University Television)
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Dec 31, 2012
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u.s. politicians reached a deal to stop tax rises in spending cuts from damaging the american and the global economy? hillary clinton is being treated at this hospital in new york. she has a blood clot. there's concern over the health of the venezuelan president who has suffered complications after cancer surgery in cuba. walk into bbc world news. coming up, and look back at the british troops as they prepared handover to afghan forces. new zealand becomes the first major city to welcome 2013. time is running out for politicians in the united states to strike a deal to prevent the economy from going over the so- called fiscal cliff. that is when a package of automatic spending cuts and tax rises comes into fact which could set the country back into recession. that less than 20 hours into the generate the first deadline. >> as night descended on washington, no deal precentors went home with a low over 24 hours to go before the huge austerity package known as the fiscal cliff, something almo
u.s. politicians reached a deal to stop tax rises in spending cuts from damaging the american and the global economy? hillary clinton is being treated at this hospital in new york. she has a blood clot. there's concern over the health of the venezuelan president who has suffered complications after cancer surgery in cuba. walk into bbc world news. coming up, and look back at the british troops as they prepared handover to afghan forces. new zealand becomes the first major city to welcome 2013....
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Dec 31, 2012
12/12
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walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. tavis: pleased to welcome richard gere to this program. the talented actor and tireless human rights advocate stars in a new film out now called "arbitrage." the movie is the story of a troubled hedge fund manager and also stars susan sarandon and tim roth, so here now a scene from "arbitrage." >> everybody wins, if we sell the company. if i live for you. >> you don't have to live. you didn't know about it. that is why didn't tell you. >> that will take away my brokerage license. delmar to supervisor chu. my name in every paper. -- failure to supervise you. >> because it is my job. >> it is illegal, and i am your partner. >> you are not my partner. you work for me. that's right, you work for me. everybody works for me. tavis: i have been so anxious to talk to you. thank you for coming. >> no, it's a great pleasure. tavis: oh, we've done some radio before, but nev
walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. tavis: pleased to welcome richard gere to this program. the talented actor and tireless human rights advocate stars in a new film out now called "arbitrage." the movie is the story of a troubled hedge fund manager and also stars susan sarandon and tim roth, so here now a scene from...
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Dec 31, 2012
12/12
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perversely, the u.s. dollar would benefit as a safe haven currency, perhaps even the pseudo-safe haven japanese yen would benefit temporarily. and then alto the u.s. is downgraded, u.s. treasuries actually stand some room the gain here. liz: okay. but the yen, for example, was falling today. in fact, it hit its lowest level in two years. the dollar's gain against the yen is the best that we've seen in, what, about five or six years? since '05 really, so seven years. what do you like out there. what are if i could ask you to pick two different currency, do you feel if people want that as slice of their investment pie, where should they be putting their money? >> i think the mistake in 2012 is betting against the euro. the fact that it's a, greece exiting the eurozone is going to drag down the euro with it. i don't think that's the way you want to play that this coming year. the euro is supported by trade and investment flows, they keep it on an even keel. where you want to focus are on those currencies tha
perversely, the u.s. dollar would benefit as a safe haven currency, perhaps even the pseudo-safe haven japanese yen would benefit temporarily. and then alto the u.s. is downgraded, u.s. treasuries actually stand some room the gain here. liz: okay. but the yen, for example, was falling today. in fact, it hit its lowest level in two years. the dollar's gain against the yen is the best that we've seen in, what, about five or six years? since '05 really, so seven years. what do you like out there....
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Dec 31, 2012
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the national record card says u.s. high school seniors are worse in understanding history than math and science. they always bemoan the fact they're so week in math and science but only 12% of high school seniors showed profifth si in u.s. history. 12%. the amazing thing is that the report also said that only 2% actually could explain what brown vs. board of education was was about. even though the answer was implicit in the question. so our kids don't know much history, and a lot of what they know is wrong. and so if the book is based upon the work of great historians. you're mentioned and a lot of historians doing similar work. but we have a big sweep, and because we're able to couple this with the showtime documentary, able to make it more dramatic. >> tried to make it a primer. like a basic text, like history 101. why can it not be? i have to say when you read these history books, it's not -- it's not coherent. there's no pattern so we don't see what we were just talking about, the empirement you don't understand h
the national record card says u.s. high school seniors are worse in understanding history than math and science. they always bemoan the fact they're so week in math and science but only 12% of high school seniors showed profifth si in u.s. history. 12%. the amazing thing is that the report also said that only 2% actually could explain what brown vs. board of education was was about. even though the answer was implicit in the question. so our kids don't know much history, and a lot of what they...
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Dec 31, 2012
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u.s. history. president obama defeated mitt romney forcing the republicans to reconsider their policies among others returning women and immigrants. while the major party presidential candidate did not take on fossil fuel, climate change in any of their debates, it was a year of extreme weather from melting of the arctic to superstorm sandy to the massive typhoon in the philippines. 2012 will also be remembered for a series of mass shootings from aurora, arata, to the sikh temple, to be shooting in newtown, conn.. the case around trayvon martin sparked national protest after officials refused to arrest george zimmerman. president obama continues his secret drone wars. we spend the hour looking back at the moment and movements that shaped 2012. >> democratic congresswoman gabrielle giffords has announced she will step down this week. she was shot in the head last year in a shooting spree that left six people dead in tucson. >> thank you for your prayers and for giving me the time to recover
u.s. history. president obama defeated mitt romney forcing the republicans to reconsider their policies among others returning women and immigrants. while the major party presidential candidate did not take on fossil fuel, climate change in any of their debates, it was a year of extreme weather from melting of the arctic to superstorm sandy to the massive typhoon in the philippines. 2012 will also be remembered for a series of mass shootings from aurora, arata, to the sikh temple, to be...
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Dec 31, 2012
12/12
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the u.s. senate will meet at 11:00 a.m. eastern after lawmakers tried most of sunday to avoid a fiscal cliff. proposals moved back and forth including tying social security to the chained cpi index. aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or frankly, the courage to close the deal. >> i will say this. i think that the republican leader has shown absolutely good faith. it's just that we are apart on some pretty big issues. >> i want everyone to know i'm willing t
the u.s. senate will meet at 11:00 a.m. eastern after lawmakers tried most of sunday to avoid a fiscal cliff. proposals moved back and forth including tying social security to the chained cpi index. aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend....
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Dec 31, 2012
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the u.s. secretary of state, hillary clinton, is being treated for a blood clot in a vain between her brain and skull. doctors caring for say she should make a full recovery. earlier this month, the veteran politician suffered a concussion after fainting and falling down. >> hillary clinton in belfast earlier this month, the end of a typically frenetic a foreign trip, for countries in five days. is thought to contracted a stomach virus. at home, she fell and suffered a concussion. she's now being treated at this new york hospital and has been told to avoid this sort of punishing travelled has taken her to more foreign capitals than any of her predecessors. 112 on countries and more than a million miles. hillary clinton is popular home. she's one of the most trusted members of president obama's cabinet. she missed at least one important domestic in nature and since falling ill -- a congressional hearing to answer questions about the attacked in an gussie. -- attack in benghazi. it is not clear
the u.s. secretary of state, hillary clinton, is being treated for a blood clot in a vain between her brain and skull. doctors caring for say she should make a full recovery. earlier this month, the veteran politician suffered a concussion after fainting and falling down. >> hillary clinton in belfast earlier this month, the end of a typically frenetic a foreign trip, for countries in five days. is thought to contracted a stomach virus. at home, she fell and suffered a concussion. she's...
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Dec 31, 2012
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the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal cliff negotiations. it is an absolute must across the potomac river at the pentagon. there would be a $55 million in spending, about 10% cut in many programs while a lot could be delayed, the most immediate contingency is notifying an estimated 800,000 civilian employees about furloughs in the new year. south carolina senator lindsay graham after he was contacted by secretary of defense leon panetta. >> he says if we do that, it will shoot the defense department in the head and we will have to send out 800,000 layoff notices at the beginning of the y
the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal...
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Dec 31, 2012
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if you have the u.s. company turning around, europe off the map, china improving as well, central banks around the world, which are not going to change their easing policies any time soon. then china cooperating as well. >> i think lots of plus there is. we would agree that certainly housing is moving upward as mohammad mentioned this morning. energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the pluses that you mentioned. >> what about your outlook for gold? your outlook is that gold is going to move higher in 2013, and i would assume that's because you know the fed will b
if you have the u.s. company turning around, europe off the map, china improving as well, central banks around the world, which are not going to change their easing policies any time soon. then china cooperating as well. >> i think lots of plus there is. we would agree that certainly housing is moving upward as mohammad mentioned this morning. energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all...
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number nine, the u.s. stock market, despite all those worries about the fiscal cliff and slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market, the rest of us are worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. the stock has yet to climb its way back to the ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced she was just going to take a two week maternity leave as she tried to turn this company around. 37 years old, it looks like a mother's touch is what yahoo needed. >> mother nature. an intense drought in the midwest that scorched the corn and sky crop sending prices sky high. who can forget super storm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50 billion dollars raising lots of questions about u.s. infrastructure and whether
number nine, the u.s. stock market, despite all those worries about the fiscal cliff and slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market, the rest of us are worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. the stock has yet to climb its way back to the ipo price. >> number seven,...
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david: dennis kucinich will your last vote for the u.s. congress at least this time out will be for this debt deal? >> i want to see what the deal is. you never commit what your vote will be until you read it. i will say this if the private sector isn't creating jobs, the public sector has a moral obligation to help get america back on its feet. china just, is investing billions of dollars in high-speed rail. what are we doing here in this country? we should be rebuilding america. have more taxpayers and quit putting increased burden on taxpayers. >> then raise the taxes. liz: will we have a deal tonight? >> dennis, raise taxes to pay for it, please. take that position and come out and say raise taxes to pay for it. stop borrowing money to do what you said. liz: representative humans camp will we have a deal? >> no time to finish that. irs moved back withholding tables. there is still a few days. deal that raises taxes increases spending and ignores entitlement reforms i'm a no on any deals. david: no on deals from all three of you guys. w
david: dennis kucinich will your last vote for the u.s. congress at least this time out will be for this debt deal? >> i want to see what the deal is. you never commit what your vote will be until you read it. i will say this if the private sector isn't creating jobs, the public sector has a moral obligation to help get america back on its feet. china just, is investing billions of dollars in high-speed rail. what are we doing here in this country? we should be rebuilding america. have...
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the u.s. and congress and the white house, according to our source, is weighing a 60-90 day delay in those automatic spending cuts. that is how they would deal with that. one omission in all of this, and this is very important, they are not discussing an extension of the debt ceiling. they want to have that yet ceiling fight. it is definitely a no go in the house for republicans. this is what is going on right now. back to you. shibani: at least that is the plan for the time being. thank you a lot, rich. right now we will go to peter barnes who is standing at the white house. we know the president will be speaking in about a half an hour peter: it sound like he may be announcing the deal because of some of the stagecraft around this. the white house says they will be making an announcement with middle-class families. he will be announcing some kind of tentative deal, tentative framework in his statement here at the old executive office building in just about 30 minutes from now. no comment fro
the u.s. and congress and the white house, according to our source, is weighing a 60-90 day delay in those automatic spending cuts. that is how they would deal with that. one omission in all of this, and this is very important, they are not discussing an extension of the debt ceiling. they want to have that yet ceiling fight. it is definitely a no go in the house for republicans. this is what is going on right now. back to you. shibani: at least that is the plan for the time being. thank you a...
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the u.s. supreme court decision says the original portion of obama care legislation that would have mandated states to expand their medicaid rolls could not be forced on states. that's a good thing. that was parts of the ruling we all applauded. i think we are seeing the same reaction with regard to setting up state insurance exchanges. you are seeing the same reaction with regard to expanding medicaid populations. it is a cost to the states, and it is one that most of us just don't think we can afford. especially not knowing what the future costs are going to be. >> the way the exchanges were going to work, governor is the state could set its own up. the feds could come in, or there could be a hybrid. does that mean the feds will build one around you regardless of what your decision is? >> that's the way the legislation reads. and i presume that's exactly what they will do. i think the greatest intrusion into states authority is exactly that responsibility that is now being shifted to the fed
the u.s. supreme court decision says the original portion of obama care legislation that would have mandated states to expand their medicaid rolls could not be forced on states. that's a good thing. that was parts of the ruling we all applauded. i think we are seeing the same reaction with regard to setting up state insurance exchanges. you are seeing the same reaction with regard to expanding medicaid populations. it is a cost to the states, and it is one that most of us just don't think we...
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let's bring in former maryland governor and u.s. congressman, now senior counsel for government advocacy and public policy at king and spalding. of what your initial reaction to everything that we have not seen in fact, the lack of. what do you make of this last-minute wrangling with less than 12 hours to go? >> reporter: this reminds me of all the omnibus budget negotiations from the past. never changes. i was keeping a list. the anc. it is the same issues over and over again every time we reach this sort of problem with regret to fiscal policy in congress. the big issues obviously -- by the way, sequester is the artificial into the bill into this. the big issue, and salomon reform, long-term tax rates to what to do about spending, $16 trillion in debt. again, being postponed. the bottom line is a mini deal along the lines of kicking the can down the proverbial alley, no doubt about it. waiting until a new congress is sworn in in order to hopefully finally really bottom-line did to the major policy issues regarding the country incl
let's bring in former maryland governor and u.s. congressman, now senior counsel for government advocacy and public policy at king and spalding. of what your initial reaction to everything that we have not seen in fact, the lack of. what do you make of this last-minute wrangling with less than 12 hours to go? >> reporter: this reminds me of all the omnibus budget negotiations from the past. never changes. i was keeping a list. the anc. it is the same issues over and over again every time...
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u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it does sound, though, judging from some of the latest rumors that they're almost comically close to a deal, especially when you talk about the income level at which tax rates would rise. is it 4, 450, settle on 5. is that the main thing you're interested in over the next couple hours? >> yeah, once they've gotten rid of the question about the changed cpi and social security over the weekend, which the republicans asked for, democrats denied, republicans backed down on that, then it becomes a matter of hammering out the details and making sure that you have the votes before you go to the floor. it does seem like they're very close to this deal. but it is t
u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it does sound, though, judging from some of the latest rumors that they're almost comically close to a deal, especially when you talk about the income...
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u.s. army veteran wade michael page. after shooting one police officer multiple times -- page was shot and killed by another officer. number eight, the massacre in khandahar province. >> the united states takes this as seriously as if it was our own citizens and our own children who were murdered. >> the accused gunman, robert bailes. bailes left his afghanistan outpost on a night back in march and single handedly attacked two villages. opening fire and killing 16 afghan civilians in their homes and wounding six others. number seven, striking a deal in the shooting that struck a blow to the nation. >> the man who shot congresswoman gabrielle giffords and killed six people in a ra rampage in tucson last year pleaded guilty to 19 charges. >> jared loughner was sentenced to seven consecutive life terms and 140 years. his guilty plea means he will avoid the death penalty. chicago's murder rate surged to levels not seen in almost a decade. >> it's just not the gang bangers. right now, innocent kids and women are being shot on
u.s. army veteran wade michael page. after shooting one police officer multiple times -- page was shot and killed by another officer. number eight, the massacre in khandahar province. >> the united states takes this as seriously as if it was our own citizens and our own children who were murdered. >> the accused gunman, robert bailes. bailes left his afghanistan outpost on a night back in march and single handedly attacked two villages. opening fire and killing 16 afghan civilians...
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u.s. policy toward north korea hoping that north korea will give up its weapons for aid has been a failure. it's been a bipartisan failure, frankly, for decades, and it's gotten us now to this point. the hope that north korea can be induced to abandon its ambitions for nuclear weapons and missiles distracts us, north. it distracts us from pursuing the very policies that might actually change the behavior of the regime and support its people. going forward, we need to move away from an unimaginative policy here to one with energy and creativity and focus, so let's tackle north korea's illicit activities, its counterfeiting of u.s. currency. this regime will do anything for money. it is, as many north koreans will tell you, it is a gangster regime. let's interfere with those shipments and disrupt the bank accounts that are used. let's ramp up radio broadcast in the country where there is information wall that is cracking. and let's help the refugees who are literally dying to escape the pris
u.s. policy toward north korea hoping that north korea will give up its weapons for aid has been a failure. it's been a bipartisan failure, frankly, for decades, and it's gotten us now to this point. the hope that north korea can be induced to abandon its ambitions for nuclear weapons and missiles distracts us, north. it distracts us from pursuing the very policies that might actually change the behavior of the regime and support its people. going forward, we need to move away from an...
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u.s. ambassador chris stevens and three other americans killed in a terror attack on the u.s. diplomatic mission there. american officials first suggested it was spontaneous, sparked by a protest over a controversial anti-muslim film. the white house's handling of the attack became a political hot button. number eight. a political transition in north korea, but no freedom here in the hermit kingdom. kim jong untook over for his father. at year's end, it flexed its military and technological muscle with its first rocket launch successfully placing a satellite in orbit. number seven. brutality by police and private security was out in the open in south africa where the killing of minors was captured on camera and broadcast everywhere. miners were protesting, demanding higher wages. the price they had to pay shocked the world. number six. ten more years. the communist party of china selected new leaders. the secretive process produced a new president and l.a. lakers fan married to a rock star. but china's foreign policies are likely to stay the same, though the new leaders under
u.s. ambassador chris stevens and three other americans killed in a terror attack on the u.s. diplomatic mission there. american officials first suggested it was spontaneous, sparked by a protest over a controversial anti-muslim film. the white house's handling of the attack became a political hot button. number eight. a political transition in north korea, but no freedom here in the hermit kingdom. kim jong untook over for his father. at year's end, it flexed its military and technological...
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and you can see that ebay is resurging in the u.s. and so, as europe gets weaker, that makes it a stronger play for 2013. plus, if you are concerned about the impact of taxes going up, and you want to down market play, ebay gives you the same goods at a range of price points, right? new this season, new last season, refiurbed, used. >> colin gill list, thank you. >> stud. >> yeah. would you pair up a long ebay with a short amazon? >> amazon, last week, we said they are probably going to trade down to $240, it was $242 and change today. i think amazon probably continues higher. but ebay is a monster. we talked about it forever. the valuations are fair, as colin just said, so, yeah, i like ebay alone. >> all right, still to come, the final stock market pops and drops for the year. but first, what happens to commodities if global growth slows in 2013? we have your top trades with the commodities king. and financials become the top group in the s&p this year. why one trader is turning bearish on them. much more "fast" coming up. [ male an
and you can see that ebay is resurging in the u.s. and so, as europe gets weaker, that makes it a stronger play for 2013. plus, if you are concerned about the impact of taxes going up, and you want to down market play, ebay gives you the same goods at a range of price points, right? new this season, new last season, refiurbed, used. >> colin gill list, thank you. >> stud. >> yeah. would you pair up a long ebay with a short amazon? >> amazon, last week, we said they are...
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the u.s. government is going over the fiscal cliff, even as senate republicans and the white house reported progress had been made, but house republicans say they will not vote on anything tonight. good evening. i'm judy woodruff. >> suarez: and i'm ray suarez. on the newshour tonight, we have the latest on today's developments, including an update from todd zwillich of public radio international who's been tracking the story on the hill. >> woodruff: then, as secretary of state hillary clinton is hospitalized with a blood clot, we examine their causes and possible treatments. >> suarez: margaret warner talks to jonathan martin and glenn thrush of politico. their new e-book focuses on the crucial final month of the presidential race between barack obama and mitt romney. test. >> barack obama didn't perform that well until late and romney didn't perform the campaign well. campaign management is more important than an individual candidate's performance. >> woodruff: from boston, hari sreenivasan
the u.s. government is going over the fiscal cliff, even as senate republicans and the white house reported progress had been made, but house republicans say they will not vote on anything tonight. good evening. i'm judy woodruff. >> suarez: and i'm ray suarez. on the newshour tonight, we have the latest on today's developments, including an update from todd zwillich of public radio international who's been tracking the story on the hill. >> woodruff: then, as secretary of state...
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good to see you. >>> meanwhile, a heart breaking situation for dozens of families in the u.s. after russian president putin makes it illegal for american parents to adopt russian children. this is a story that started to break last week and people were shocked. they couldn't believe it was going to happen and it did. one mother luckily was able to get her brand-new daughter out of the country just in the nick of time. they arrived from moscow late saturday night. joelle joins me life. thank you for joining us. a smile on your face pretty much says it all. but i'm sure you were just freaking out to put it bluntly in the last few days? >> it was incredibly tense in moscow where families were coming to get their visa in the final moment. it felt like east berlin as the wall was going up. it was indeed just a matter of hours really for all of us. >> juliet: you go back and forth to russia, you are meet this child and create a bond. at the last minute, essentially literally the 11th hour, you hear about this shocking move that putin has decided to make. what is your reaction to thi
good to see you. >>> meanwhile, a heart breaking situation for dozens of families in the u.s. after russian president putin makes it illegal for american parents to adopt russian children. this is a story that started to break last week and people were shocked. they couldn't believe it was going to happen and it did. one mother luckily was able to get her brand-new daughter out of the country just in the nick of time. they arrived from moscow late saturday night. joelle joins me life....
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Dec 31, 2012
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hillary clinton has not even stepped down u.s. secretary of state and president obama has not even been sworn in for his second term but there is already constant speculation as to whether she will run again for the white house. >> of the decision for her on any future bid for president expected in 2013, expect speculation about her future political plans to intensify drought the year. >> a new national survey indicates that the vast majority of democrats, 85 percent in fact, would consider backing her as their party's nominee. >> president obama is pledging to put its full weight behind legislation aimed at preventing gun violence. >> in an envious they would meet the press, obama voiced skepticism about proposals a place apart at schools following the mass shooting in newtown, conn. that killed 21st graders. >> i think the american people are skeptical that some how that will solve our problems. >> in his most is difficspecific remarks about gun violence is the deadly assault at sandy hook elementary school president obama says
hillary clinton has not even stepped down u.s. secretary of state and president obama has not even been sworn in for his second term but there is already constant speculation as to whether she will run again for the white house. >> of the decision for her on any future bid for president expected in 2013, expect speculation about her future political plans to intensify drought the year. >> a new national survey indicates that the vast majority of democrats, 85 percent in fact, would...